Apple supplier Foxconn could still earn the tax credits if it surpasses the 2,080 jobs it is supposed to hit in 2019
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UPDATE: Tailored Brands lowers Q4 guidance as Jos. A. Bank sales fall short, shares slideTailored Brands Inc.'s shares slid 11% premarket Monday, after the company lowered its fourth-quarter guidance, saying same-store sales at its Jos. A. Bank mens clothing chain came in below expectations. The company, which also operates Men's Wearhouse, K&G and Moores, said it now expects Jos. A. Bank same-store sales to be flat, versus prior guidance of up in the low single digits. Same-store sales for November and December fell 1.4%, as sales at Jos. A. Bank fell 0.1% and sales at Men's Wearhouse fell 3.6%. The company expects its overall adjusted per-share loss to range from 29 cents to 34 cents, versus prior guidance of a loss of 24 cents to 29 cents. Full-year fiscal 2018 adj. EPS is expected to range from $2.25 to $2.30 compared with prior guidance of $2.30 to $2.35. Shares have fallen 33.9% in the last 12 months, while the S&P 500 has fallen 6.8%.
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Next step in criminal justice reform could target jobs for ex-convicts, marijuana lawThere’s early bipartisan support for potentially expunging criminal records involving nonviolent drug offenses.
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